Five Hundred Words 11/13/2018

Tuesday, November 13, 2018

Daily Writing

9:44 AM

The yield on the 10-year Japanese government bond currently sits at 0.10%. Who buys Japanese bonds? How is it possible for yields to move lower or even be negative?

Oil is down more than 7.00% today. What is the cause of this?

4:59 PM

There isn’t really anything in my trading that has left me frustrated the past few days, despite the markets continuing to move lower. I am working on managing my psychology. I feel scattered much of the time, like there are a million things to do but not enough time to do or even think about everything. What can I do to continue moving forward? It takes a lot for me to reveal what I’m thinking inside. I’m not great at sharing. Something I learned from reading the analects of Confucius is that no matter what your state of mind, the most basic thing you can share with the world is a positive mindset and attitude. Smile more.

The markets were flat today overall. News came out that the UK and EU reached an agreement on principal to move Brexit forward. Now the UK must bring their proposal to UK parliament for approval. The whole thing seems like a mess to me.